3 Reliable Dividend Stocks Yielding Up To 8.5%

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As global markets continue to reach record highs, buoyed by gains in major indices like the Dow Jones and S&P 500, investors are navigating a complex landscape influenced by geopolitical factors and domestic policy changes. In such an environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those seeking reliable returns amidst market volatility.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.56%

★★★★★★

Tsubakimoto Chain (TSE:6371)

4.23%

★★★★★★

GakkyushaLtd (TSE:9769)

4.70%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.64%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.42%

★★★★★★

China South Publishing & Media Group (SHSE:601098)

4.34%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.47%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.47%

★★★★★★

Click here to see the full list of 1968 stocks from our Top Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Nordea Bank Abp

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Nordea Bank Abp provides banking products and services across Sweden, Finland, Norway, Denmark, and internationally with a market cap of €37.74 billion.

Operations: Nordea Bank Abp's revenue is primarily derived from its Personal Banking segment at €4.79 billion, followed by Business Banking at €3.58 billion, Large Corporates & Institutions at €2.50 billion, and Asset and Wealth Management contributing €1.46 billion.

Dividend Yield: 8.5%

Nordea Bank Abp's dividend yield of 8.52% ranks in the top 25% of Finnish market payers, yet its dividend history is volatile with less than a decade of payments and fluctuations over 20%. The payout ratio is currently reasonable at 64.7%, indicating coverage by earnings, but future earnings are forecast to decline by an average of 3.4% annually over the next three years. Recent share repurchase initiatives aim to optimize capital structure and enhance shareholder returns amid these challenges.

HLSE:NDA FI Dividend History as at Dec 2024
HLSE:NDA FI Dividend History as at Dec 2024

Skandinaviska Enskilda Banken

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Skandinaviska Enskilda Banken AB (publ) offers corporate, retail, investment, and private banking services with a market cap of approximately SEK311.49 billion.

Operations: Skandinaviska Enskilda Banken AB (publ) generates revenue from several segments, including Large Corporates & Financial Institutions (SEK32.00 billion), Corporate & Private Customers excluding Private Wealth Management & Family Office (SEK25.61 billion), Baltic operations (SEK13.46 billion), Private Wealth Management & Family Office (SEK4.63 billion), Life insurance services (SEK3.80 billion), and Asset Management services (SEK3.30 billion).